For Sale

20 Church Street, New Tecumseth (Alliston), Ontario L9R1S7

$2,799,000

20 Church Street, New Tecumseth (Alliston), Ontario L9R1S7 is For Sale and has a listing price of 2,799,000. The property is located in the New Tecumseth neighbourhood. It's been on the website for 35 Days.

  • Retail
    Property Type
  • 3
    Bathrooms
  • 35
    Parking Spaces
  • MLS ID: N10431926
  • Office Name UPPERSIDE REAL ESTATE LIMITED
Property Description

This newly renovated and well-maintained commercial property, located in the town of Alliston, New Tecumseth, offers rare institutional zoning (DCC Use) on 0.762 acres of beautifully landscaped land, providing tremendous development potential and a wide range of permitted uses. The one-storey brick building is currently leased to a licensed childcare/daycare center serving approximately 60 children. Purchasers can explore several options: 1) assume the tenant and enjoy steady rental income, 2) take over the space for your own institutional use, or 3) request vacant possession upon closing.The property is ideally suited for institutional and government uses, including daycares, preschools, private educational facilities, places of worship, retirement or long-term care homes, recreational centers, and more. With on-site parking for convenient access and a prime location in the vibrant community of Alliston, the property is close to essential amenities and major highways. There are also opportunities to expand the existing structure or explore additional land-use possibilities to meet future needs.This is an exceptional investment opportunity in a thriving area, offering flexibility for growth. **** EXTRAS **** Please note: The purchase of the business and its operations is not included in the sale of the property (id:43137)

Property Details
  • MLS ID: N10431926
  • Bathrooms: 3
  • Price: $2,799,000
  • Transaction Types: For Sale
  • Ref ID: 27667966
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
11/20/2024 N10431926 $2,799,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Tecumseth
  • $1,129,520 Average List Price
    based on 1 year
  • 66 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 129.73 % Up
  • Sold (12mo) 514
  • Rented (12mo) 135

  • 1 Month Change -16.7%
  • 3 Month Change -2.8%
  • 6 Month Change +11.7%
Walkscore
  • 90 Walk Score
    Very Walkable
  • 62 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    85%
  • Commercial
    6.6%
  • Condo
    7.91%
  • Land for Sale
    0.49%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Total Parking Spaces: 35
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Listing Entry Date: 20/11/2024 00:00:00
  • Zoning Y
  • Agent Name: NISSAN PEISAHOV
  • Last Updated: 22/11/2024 17:34:08
Open House Dates
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